republican response from house speaker john boehner said proposed tax hikes on small business owners would cost america hundreds of jobs. >> can't just cut our way to prosperity. if we are serious about reducing the deficit, we have to combine spending cuts with revenue, and that means asking the wealthiest americans to pay a little more in taxes. >> here's the problem with that. raising those rates on january 1st would, according to the independent firm earnst and young, destroy 700,000 american jobs. that's because many of those hit by the tax increase are small business owners. >>> the white house said the president would veto any bill from congress from extends tax cuts for families making $250,000 or more. boehner said he won't consider raising taxes but he would consider eliminating tax loopholes. >>> a hercules city council member faces possible censure on tuesday on an abc news indication of unethical and abuse of power. the contra costa time reports the hercules councilwoman is in hot water with fellow council members for silencing a resident over blog posts that she believe